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Indus Towers reports 66% fall in Q1 consolidated net profit

03 Aug 2022 Evaluate

Indus Towers has reported results for first quarter ended June 30, 2022.

The company has reported a fall of 66.20% in its net profit at Rs 478.90 crore for the quarter under review as compared to Rs 1,416.80 crore for the same quarter in the previous year. However, total income of the company increased by 2% at Rs 6,989.80 crore for Q1FY23 as compared Rs 6,852.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 66.28% in its net profit at Rs 477.30 crore for the quarter under review as compared to Rs 1,415.30 crore for the same quarter in the previous year. However, total income of the company increased by 1.98% at Rs 6,989.80 crore for Q1FY23 as compared Rs 6,853.90 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Bharti Airtel 1791.00
Vodafone Idea 14.10
Indus Towers 380.00
Tata Communications 1673.20
Railtel Corp. India 262.15
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